AVP, Product Design & Pricing Actuary
Individual AnnuitiesProduct Development & Plan DesignPricing & RatingAsset-Liability Management
Role Summary
Loading...HIGHLIGHTS
AVP-level Life actuarial role focused on retail annuity product design and pricing (MYGAs, FIAs, RILAs, SPIAs) in a NYC-based insurer. You will build stochastic ALM/pricing models (MG-ALFA/Integrate), partner with Investments, Risk, Finance, Distribution and reinsurers, and present product decisions to senior leadership and risk committees.
JOB DESCRIPTION SUMMARY
- Lead design and pricing of retail annuity products including MYGAs, FIAs, RILAs, and SPIAs
- Develop stochastic asset-liability pricing models using MG-ALFA/Integrate
- Partner with Investments, Hedging, Risk, Finance, Distribution, and reinsurers
- Present product designs and pricing to senior leadership and risk committees
- NYC-based role focused on capital-efficient annuity product strategies
DOMAIN EXPERTISE
- Retail annuity product design and pricing
- Stochastic asset-liability modeling using MG-ALFA/Integrate
- Knowledge of MYGAs, FIAs, RILAs, and SPIAs
- Experience partnering with Investments, Risk, Finance, and Distribution
KEY REQUIREMENTS
- 10+ years of retail annuity product design and pricing experience
- Bachelor’s degree in Actuarial Science, Mathematics, Finance, Economics, or related
- Stochastic asset-liability modelling experience with MG-ALFA/Integrate
- Deep knowledge of MYGAs, FIAs, RILAs, and SPIAs
TECH STACK
- No tech stack specified
